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Thread: Why do [some] casinos go 'Rogue'?

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    Why do [some] casinos go 'Rogue'?

    What makes a casino go down the beaten roguish road? Surely the better path to choose is the creamy righteous one?

    You know; people deposit, play, possibly win, then withdraw. You [the casino] pay them.
    If a casino quickly builds up a reputation for honest and trustworthy service (including, but not limited to, excellent CS, and prompt payment), surely in the long run they can't lose?

    Or can casinos lose even being 'good'? Can someone hit big and put them out of business? Big progressive jackpots are paid for by the players so even those shouldn't/couldn't be an issue.
    Is it just a case of greed? "The house always wins" even for CM casinos (and those good guys who don't care much for being accredited), so why bother being difficult/bad?

    I understand why good guys turn bad (Betfair for example). I don't condone that behavior in the slightest, but I do at least see why they decided to be scumbags.

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    Quote Originally Posted by H1_Roller View Post
    What makes a casino go down the beaten roguish road? Surely the better path to choose is the creamy righteous one?

    You know; people deposit, play, possibly win, then withdraw. You [the casino] pay them.
    If a casino quickly builds up a reputation for honest and trustworthy service (including, but not limited to, excellent CS, and prompt payment), surely in the long run they can't lose?

    Or can casinos lose even being 'good'? Can someone hit big and put them out of business? Big progressive jackpots are paid for by the players so even those shouldn't/couldn't be an issue.
    Is it just a case of greed? "The house always wins" even for CM casinos (and those good guys who don't care much for being accredited), so why bother being difficult/bad?

    I understand why good guys turn bad (Betfair for example). I don't condone that behavior in the slightest, but I do at least see why they decided to be scumbags.

    It's the same reason why I get Nigerian scam letters in my spam email box IMO.

    Internet casinos who decide to up and turn rogue probably just give up because of
    stiff competition out there. Tight funds and predicted closure of a particular online
    casino equals taking what they can get and disappearing. What do they got to lose?

    The internet has become a powerful tool for fraudsters to extract money from
    honest consumers. I mean, what will we do? Fly to their location and knock on their
    door to their studio apartment demanding our money back?
    Last edited by X-Raided; 19th September 2011 at 04:16 PM.

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    Quote Originally Posted by H1_Roller View Post
    Or can casinos lose even being 'good'? Can someone hit big and put them out of business?
    Yes, I believe this is a genuine cause why some casinos have slipped to the dark side.

    Casinos SHOULD always win in the long run, but with the danger of making bonuses too generous and offering games with too big a win potential compared to the casino's capital, short term casino losses can and do hit some of them for six.

    Being an affiliate myself I have heard of this being the cause of the demise of several casinos, I have seen with my own eyes many of the casinos I promote take a right hammering from the players, and of course we have all seen what happened when BetFair screwed up and screwed their players...

    It's not only the players who gamble when it comes to online casinos...

    KK
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    Quote Originally Posted by H1_Roller View Post
    What makes a casino go down the beaten roguish road? Surely the better path to choose is the creamy righteous one?

    You know; people deposit, play, possibly win, then withdraw. You [the casino] pay them.
    If a casino quickly builds up a reputation for honest and trustworthy service (including, but not limited to, excellent CS, and prompt payment), surely in the long run they can't lose?

    Or can casinos lose even being 'good'? Can someone hit big and put them out of business? Big progressive jackpots are paid for by the players so even those shouldn't/couldn't be an issue.
    Is it just a case of greed? "The house always wins" even for CM casinos (and those good guys who don't care much for being accredited), so why bother being difficult/bad?

    I understand why good guys turn bad (Betfair for example). I don't condone that behavior in the slightest, but I do at least see why they decided to be scumbags.
    While some players are greedy perhaps the same goes for operators? A Casino is on the "light" side - making a good solid profit - bit then the investors say "I WANT MORE" so they (As KK says) offer better bonus's etc etc to sign up more players - which creates more overheads - more cost - all of a sudden a couple of big hits and they need some time to pay....

    Perhaps this is the case? But in summary I believe GREED!

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    Maybe this is what happened with Lock (they became popular very quickly)and the slow pay from the Rushmore group? Rushmore is popular (SLots Oasis, paid out almost every other time I played there a couple of years ago as with Cherry Red).

    But then again I am not sure how the system works , especially with RTG.
    A Chinese proverb says, " At the gambling table, there are no father and sons" - 'Criminal Minds'.

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    For someone starting a new casino I think the problem is usually underfunding to begin with. Some college kids decide that they're going to open a casino with a $10K bankroll and people start to play and win, next thing excuses have to be made and it's a snowball. I don't usually like to play at brand new casinos for that reason, it's hard enough to win without gambling on being able to get paid too.
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    Quote Originally Posted by H1_Roller View Post
    What makes a casino go down the beaten roguish road?
    Money...

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    It's almost a better question to ask why don't they all go rogue?

    Expected (or Theorhetical) RTP is just that... expected, not guaranteed. Undercapitalized casinos can't handle some early big hits and stay in for the long haul. Some delay payments, hoping the normal curve sets in.

    Poorly designed promos can bring in advantage players in swarms. The casino designs the promos, so this is their mistake due to inexperience.

    Any business venture carries risks. But online casinos seem to expect the players are the only ones taking risks.

    Fraudsters are out there, and detecting them costs money. Just as retail stores need to budget a certain amount for theft, online casinos need to do the same.

    Casinos that serve the US market in particular have to worry about seizures, and even non-US facing ones need to rely on the integrity of their processors.

    How a casino reacts to setbacks comes from the top down. If there's integrity, they'll pay players and close shop if they don't have the capital for the long haul, or if there's not integrity, they'll just steal legitimate wins and abscond with what money there is.

    If they are in for the long con, they'll pick and choose which players to pay, and set up complicated bonus structures, issue free chips (as low as 1 cent), harrass people by telephone to deposit and VIRTUALLY steal their money until such time as a cashout is worth stealing.

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    Quote Originally Posted by Jasminebed View Post
    issue free chips (as low as 1 cent)
    You're not serious?

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    There are genuine cases where Casinos go down because of circumstances beyond their control.

    On the other hand we have RTG / Rival / TopGame who dish out licences to any Harry and Sally... You need not look further than the Rogue Pit for the software providers. Based on the amount of Rogue Operations coming from those software providers, you need to question the integrity of their screening processes which ultimately grant the said operations a licence to operate their software. Another thing to note is that most of the RTG operations are in dark places (Scaly Licensing jurisdictions)

    RTG is notorious for having Rogue Casinos... I don't see this on the same scale with Microgaming. Microgaming is STRICT when it comes to enforcing 'No US' play and does not slyly take players from prohibited jurisdictions. On the next page we have RTG who still take US players ... is this a hint at Desperation?

    Coupled with what other posters have mentioned (Bonuses etc) my personal opinion is that RTG's start up costs are less than what MG would require. I would also assume that the surety required is vastly lower than Microgaming.

    What is it with RTG... even Accredited brands make so many questionable decisions. They will not budge on $500..I don't see that happening with MG.... makes me wonder?

    Then again - Everyone can't be 32Red!!

    Nate

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